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Showing posts with the label business model

Free College in New York Is Complicated

Complications appear to be bogging down the “free college” movement, particularly in New York. An August report from the Center for an Urban Future found that just 3.2% of the undergraduates statewide received an Excelsior Scholarship . The program requires students to earn at least 30 credits every year of enrollment, which proved to be the main reason students applying for the funds were rejected. According to the report, 43,513 of the 63,599 scholarship applications in 2018 were rejected, with more than 36,000 denied because of insufficient credits. “Admittedly, it’s still early days for the program, so the numbers may drift upwards a bit,” Matt Reed, vice president for learning, Brookdale Community College, Lincroft, NJ, wrote in his Confessions of a Community College Dean column for Inside Higher Ed. “But with complicated paperwork requirements, an extraordinarily high credit requirement, and a postgraduation residency requirement in place, it’s not surprising that the impact h...

Decisions Needed Before Going Online

Online degree programs have become a strategy for growth at some colleges and universities, and for survival at others. However, it involves much more than slapping a course or program online . “You are not simply putting a course online; you are creating an online product,” said Furqan Nazeeri, a partner at the online education platform provider ExtensionEngine. “It’s an important distinction. Your product—the program, course, certificate, or degree—has to be unique and very specific to what your market to current and prospective students want.” With institutions developing new online programs each year, colleges and universities should be striving to create something unique and not just a replica of the course provided in the classroom. All campuses are different and schools should be looking at their online programs the same way. “It’s time to move away from mass-produced, cookie-cutter programs that take a one-size-fits-all approach,” Nazeeri continued. “Instead, differentiate your...

Campus Store Weights In on Rental Debate

In an opinion piece earlier this month in Inside Higher Ed, a University of North Dakota professor claimed that rental textbooks limited student access to course materials and stifled critical thinking and conversation. Jason Katzman, CCR, assistant director for academic resource support, CU Book Store, University of Colorado Boulder, says he understands the prof’s points but argues rentals are a symptom rather than a cause. “ Twenty years ago, a student bought a book, sold it back at the end of the semester, and maybe received something close to half (although probably not) of what they had paid if the book was being used again the next semester,” Katzman wrote in his Inside Higher Ed rebuttal . “Of course, professors complained then that the buyback process devalued the educational experience by encouraging students to part with important materials they might need for another class or later in life as a reference. Then, along came the Internet and Amazon, and the model that traditio...

Prof Vents about Textbook Rentals

Does renting textbooks save students money or cost them the real value of a college education? Sheila Liming, an assistant professor of English at the University of North Dakota, Grand Forks, makes a case for the latter in an opinion column  for Inside Higher Education. “A degree used to mean learning from texts and racking up a cumulative store of skills and reference materials along the way,” she wrote. “But with the rise of textbook rentals, the rules of learning are getting rewritten, and not by education professionals, and not in accordance with the needs of student consumers, either.” Her issue with rentals is they’re promoted as a cost-savings option but there are limits to how students can access and use the materials. Those are roadblocks that inhibit critical thinking and conversation, according to Liming. “Rental companies insist that a given book can only be ‘useful’ to a student for the duration of a single semester, and so encourage students to see their own learning ...

MOOCs Made Strides in 2017

Massive open online courses (MOOCs) are now more readily available than ever, with more than 9,400 courses and 500 credentials available to anyone interested. Providers are also finding ways to make the courses more sustainable through premium credentials, online degree programs, and access to content. Access to content has become a big business, ranging from free to million-dollar licensing deals between providers and employers. Providers are also placing more content behind paywalls, including graded assignments. At the same time, though, enrollment has slowed. New data from Class Central, a MOOC discovery platform, showed that 20 million learners registered for their first MOOC in 2017, about three million fewer than in 2016. “Over half a decade since their debut, MOOCs may finally have found their footing and a sustainable revenue model,” Dhawal Shah, founder of Class Central, wrote in a recent post for EdSurge . “No, they didn’t disrupt universities, but they may have changed how ...